GBPNZD Long
GBPNZD broke the channel. It bounced off 6 times before breaking. In my opinion, it is currently testing new support before another bullish move up. Also, retracement seems to be slowing down at the golden ratio. Institutional pause from 2.04758 until 2.04116. Currently waiting for a sign of trend reversal with price action.
Note
bullish engulfing on the hourly chart, so far so good. price needs to close above 2.05290 on the 4h chart to give us a nice morning star pattern
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.